BCH community member: Bitmain has sold most of its BCH holdings

Weibo user "BCH enthusiast BruceLee" said on Weibo: According to old drivers in the BCH community, most of the 1 million BCHs held by Bitmain at that time were sold in 2018.

The reason is that Zhan Ketuan invested heavily in AI, but the output was almost negligible. When the bear market came in 2018, Bitmain's profits shrank sharply, and its cash flow was in jeopardy, so it was forced to sell BCH to save its life.